Klaviyo (NYSE:KVYO) Price Target Lowered to $28.00 at Stifel Nicolaus

Klaviyo (NYSE:KVYO) had its target price trimmed by Stifel Nicolaus from $35.00 to $28.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. Morgan Stanley set a $34.00 target price on Klaviyo in a report on Wednesday, April 29th. Canaccord Genuity Group set a $32.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Wall Street Zen upgraded shares of Klaviyo from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Citigroup upped their target price on shares of Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Piper Sandler reduced their target price on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday. Eighteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Klaviyo presently has an average rating of “Moderate Buy” and an average price target of $31.60.

Klaviyo Stock Performance

Klaviyo stock opened at $15.87 on Wednesday. The company has a market capitalization of $4.84 billion, a PE ratio of -396.55 and a beta of 0.79. Klaviyo has a fifty-two week low of $15.31 and a fifty-two week high of $37.79. The firm has a 50 day moving average price of $18.97 and a 200 day moving average price of $23.86.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.17% and a negative net margin of 0.66%.The company had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue was up 27.9% compared to the same quarter last year. As a group, equities research analysts forecast that Klaviyo will post 0.22 earnings per share for the current year.

Insider Transactions at Klaviyo

In related news, insider Landon Edmond sold 15,093 shares of Klaviyo stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $20.16, for a total value of $304,274.88. Following the completion of the transaction, the insider owned 326,728 shares in the company, valued at $6,586,836.48. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $19.96, for a total transaction of $4,128,266.92. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,473,909 shares of company stock valued at $27,200,157. 49.92% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Klaviyo

Several institutional investors have recently modified their holdings of KVYO. Royal Bank of Canada increased its holdings in Klaviyo by 59.4% in the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after buying an additional 3,730 shares during the last quarter. Amundi lifted its holdings in Klaviyo by 109.7% during the 1st quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after buying an additional 7,514 shares during the last quarter. AQR Capital Management LLC purchased a new stake in Klaviyo during the 1st quarter worth about $359,000. Woodline Partners LP boosted its position in shares of Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after acquiring an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Klaviyo by 40.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after acquiring an additional 42,980 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

More Klaviyo News

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Q1 results beat expectations: revenue grew ~28%, EPS and revenue topped estimates, operating margin was the strongest since going public, and management raised the full‑year outlook. These fundamentals support longer‑term upside. Klaviyo Q1 Release
• Neutral Sentiment: Some sell‑side firms lowered price targets but kept Buy/Overweight ratings (Stifel, Benchmark, Wells Fargo, Piper Sandler, etc.), signaling conviction in the business while tempering near‑term valuation expectations. Analyst Notes
• Neutral Sentiment: Retail/quant mentions: Klaviyo was included in recent “strong buy” lists, which can attract some longer‑term buyers but hasn’t offset today’s selling pressure. InsiderMonkey Article
• Negative Sentiment: CFO departure and reported C‑suite shakeup have spooked investors — management turnover increases execution risk and uncertainty about near‑term strategy. CFO Steps Down
• Negative Sentiment: Shares plunged to record intraday lows on heavy volume as the market digested the management change and trimmed forward valuation expectations — a technical sell‑off amplified by momentum traders. Schaeffer’s Coverage
• Negative Sentiment: Multiple price‑target cuts (from mid‑$30s down into the mid‑$20s/low‑$30s) reduce near‑term upside expectations and may pressure sentiment until clarity on management stability and execution returns. Price Target Actions

About Klaviyo

Klaviyo, Inc is a cloud-based marketing automation platform that enables businesses to leverage customer data for targeted email and SMS campaigns. The company’s platform centralizes first-party data from various sources—including e-commerce storefronts, websites, and CRM systems—to help organizations deliver personalized marketing across the customer lifecycle. Klaviyo’s core offerings include segmented email marketing, automated messaging workflows, and performance analytics designed to drive customer engagement and revenue growth.

The platform provides a suite of tools for campaign creation and management, including drag-and-drop email and SMS builders, dynamic content rendering, and A/B testing capabilities.